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20130206
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Search Results 0 to 49 of about 108 (some duplicates have been removed)
. often they do that in the shadow economy, a place where employers may offer them less than the minimum wage or make them work overtime without extra pay. when that happens, it's not as bad for them, it's bad for the entire economy, because all the businesses that are trying to do the right thing that are hiring people legally, paying a decent wage, following the rules, they are the ones to suffer. they have got to compete against companies that are breaking the rules. the wages and working conditions of american workers are threatened as well. if we are truly committed to strengthening our middle-class and providing more ladders of opportunity to those who are willing to work hard to make it into the middle class, we've got to fix the system. we have to make sure that every business and every worker in america is pulling by the same set of rules. we have to bring in the shadow economy into the light so that everybody is held accountable. the businesses and the immigrants getting on the right side of the law. common-sense. that's why we need comprehensive immigration reform. host: presi
. surprise contraction in gdp. the economy shrinking for the first time in three and a half years. lori: also, betting big on library. research in motion changing its name and unveiling the highly anticipated blackberry 10 device. coming up in minutes. the ceo thorsten heins. melissa: and it turns out japan's two largest airlines have had problems with the dreamliner battery long before the issue. time for stocks as we do every 15 minutes, let's head to the floor of the new york stock exchange. nicole petallides. those gdp numbers keeping the dow away from 14,000. nicole: they certainly did throughout the morning. it brings concern when there is no good gdp numbers. there has been less on defense and concerns, let's take a look now, much like we have seen recently where the dow goes over that one change line over and over again. today seems to be no different as we are back in positive territory. we haven't taken out our highs we saw yesterday, five year highs for the s&p 500, dow jones the thrills, russell 2000. we have had a lot of names and a lot of these indexes hitting these highs we hav
somethings looking for a better life, better economy. promises made during the revolution. it never came through. the violence has decreased. nothing what we saw over the weekend. but you have people here defying the president's declaration of a curfew and emergency rule where we are in port said. the curfew is technically supposed to go in place in a few hours. but people have told the president, we know there is a curfew. we are protesting anyway. clearly defying him. >> who is in control on the streets? when you look at the pictures you say there is good news that the violence isn't what it was. is there a sense they will continue between the government and protesters that's playing out? lost the signal. we're going to try to get back to him as soon as we can. the turmoil in egypt. real concern for hillary clinton. she talked to cnn about those challenges and what she thinks egypt's struggling new government needs to do. >> it's difficult going from a closed regime and essentially one man rule to a democracy that's trying to be born and learn to walk. there are clear lessons. you have
. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses so, i'm working on a cistern intake valve, and the guy hands me a locknut wrench. no way! i'm like, what is this, a drainpipe slipknot? wherever your business takes you, nobody keeps you on the rd like progressive commercial auto. [ flo speaking japanese ] [ shouting in japanese ] we work wherever you work. now, that's progressive. call or click today. >> shepard: fox weather alert. a deadly ban of winter storms sweeping through the south and mid-atlantic in the east. two people reported dead. national tornado service reporting tornadoes have touched down in six states. here is a map of where the storms are right now. there are reports of twisters there could be more to come they tell us. georgia, n
years, our economy shrank in the last three months of last year. that was unexpected, the markets were a lit aloof for awhile, but look where they're standing now. as you can see. we'll continue to cover breaking news on studio b. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >> shep: the country, the economy shrank for the first time since last year, and it has taken economists by surprised. it slowed down 3.2% from the last quarter. and they are blaming a drop in exports, and factories shutting down after supe super storm san, and weighing down on the economy, the slowdown raising concerns about the ongoing recovery. jerry is with us, and you were saying a few minutes ago
, the economy will stop. we did a major outreach. we trained an outreach team, who went to every community meeting, to educate people on how bad the crisis was. not only did i tell people that we'd have to raise rates, i told them we'd have to tear up the city to repair this infrastructure. man: you can't simply say, "i won't use any water, it's too expensive." we have about 25% of our population that's at or below the poverty line, so you have to look at rate structures that are tiered so the people can pay their bills. franklin: we would love to have something like 75% federal money. we do get some federal aid and we are thankful, but on the other hand, we're paying for this primarily with new rates. we have increased our rates to among the highest in america. but not nearly as much as if we hadn't passed a one-cent sales tax dedicated to water and sewer infrastructure. hunter: that sales tax counts for about a third of the revenue of the department right now. franklin: we got 75% of the voters to agree to tax themselves so that their children and their children's children could have cle
. the economy is deteriorating. you can come up with any excuses you like. hurricane sandy did, the republicans or lower defense spending but the fact is numbers are what they are. the economy is contracting. layoffs are at far too high a level. if you dig into today's report, in december the holiday period our spending in america went up only .2%. a deteriorating economy, bill. bill: that is paltry. the gdp number, help me understand because they explain the drop-off with cuts to defense spending, right? if that is the case, is it only federal spending that is keeping us going in any direction? >> hold on a second. there is always an excuse. over the past four years whenever the economy has turned sour there has been an excuse. the japanese tsunami. the egyptian arab spring, the europeans, trouble in japan, the republicans, the downgrade, hurricane sandy. drop-off in defense spending. there is always an excuse. the fact is, we have never achieved a robust expansion since the end of the recession. now this latest go round yesterday when the economy showed to be contracting it was blamed on lowe
. you know, the average investor is seeing the economy make small improvements. we're seeing improvements in the housing market, consumer spending is going up. i spoke with one trader who was a little concerned that this is an artificial rally system littlit stimulated by the fed. >> you can say we have already been here. but you can say we came from the depths of despair, we're much higher but the thing that will cause people to continue to to be concerned is it still ahead of itself. is there a correction coming because the fed created this -- manufactured this rally. >> but, brooke, you know, think of the stock market as a big old rubber band. as much as it went down in 2009, march of 2009, the low for the dow was 6500, now we're seeing it bounce back almost to 14,000. you know how that is. what goes up, i don't want to say it, brooke. >> darn that economic gravity. alison kosik, thank you very much. we want to keep talking about this. we were thinking why doesn't wall street match what we're seeing on main street. we'll talk about that with steven moore, wall street journ
. it was probably a mistake. he wanted i am sure to show the appear ranges of activity while the economy has remained langwith for these years. we had a deep recession and sputtering and at that time the president wanted to show he cared. he created a blue ribbon commission. how come you are not meeting with them more. when will was the last time you met with them. why don't you talk to these people why don't you worry about jobs. at the closure it's embarrassing with such high unemployment, 23, 24 million people in the wrong situation just not the optics are bad. >> their mission was in the president's view an important one. a lot of people look at this as one, when president obama had a background he never ran a company and never worked for a company. he was a community organize he were and worked at a law firm. didn't work in business. so this was a way in which he would have outreach directly to the business community about their concerns and help guide his agenda toward creating more jobs. he barely met with them and now it's done, chris. is this not just an invitation for more criticis
and we need a successful resolution to the information. >> breaking news on the economy sparking a new debate over the president's priorities for his second term as washington talks of gun violence and immigration reform the commerce department announces the economy shank in the last quarter of 2012. this is not only the single decline of 2012 we did not shrink in any more quarter. it is the first drop we have seen in 3 and a half years. why thare they talking firearms and immigration reform instead of ways to put people back to work. daily beast columnist kirsten powers. we sat out there when he made his inaugural address some of the panel skrcontract sized president obama for talking about things like immigration reform and gun control and his push on green energy. where was the talk about jobs and the economy and now we see this economic news about how we slunk in the fourth quarter. >> the president has to be concerned about the economy. you can't be president and ignore what's going on economically. the problem is what direction he is going to go. he wants to focus on deficit redu
of things going on here, the fed has been propping up the economy. we know this, for years now, and the fed meeting going on today, more from the fed today. corporate profits coming in. not hiring, but squeezing out money and that's what the dow and the s & p measure, right? not job prospects, but corporate profitability and that's been doing well and the economy is healing and investors coming back in part because of the housing market is convincing regular people that things are getting better. look at home prices. it's been years that i could say home prices rose 5% year over year, soledad. >> it feels so good. >> does it last? a lot of people say, wow, it looks like we are set up for a fall. when regular people come rushing in, the market falls down. we're in the final stages of a long bull run. but sometimes that can be the most profitable for people. that's why investors coming back in. >> christine, thank you. >>> a damning new report that puts alex rodriguez and several other plays in the center of -- surprise, surprise -- performance-enhancing drugs. they got human growth hormone a
new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ [ music ] >> broadcasting across the nation, on your radio and on current tv. this is the bill press show. >> good morning, everyone. this is richard fowler stilling in for bill press on this fine friday morning. the start-off was going to be a grand super bowl weekend. i am pretty sure baltimore is anticipating what could be a win for them this weekend. but in other news i am here filling in for bill, and i am joined by bill's wonderful team who always makes me so welcome. i feel like i am home. >> richard welcome. >> we have peter there. >> there, man. >> dan, phil and cyprian working the cameras and phil getting those calls for us. listen, guys, i have got to tell you, there is a lot of stuff happeni
to signs of improvement. it did add jobs last month, more carney reminded reporters of the bad economy that this administration inherited. >> when this president took office in january 2009 we were in the miss of the worst recession sings the great depression. we were hemorrhaging jobs something like three-quarters of a million jobs a month. and hole dug by that recession in jobs terms was more than 8.5 million. >> how much work needs to be done. >>. four years since president obama took office, the economy is actually worse in four major categories. unemployment rate. january 2009 when he took office it was 7.8%. today it ticked up to 7.9%. consider the unemployment, the percentage of americans who are not working as much as they are able to or they want to. in 2009 that number was 14.2%. today that number is 14.4%. four years ago, just more than 12 million americans were out of work. now it's 12.3 million americans. today, less than 64% of americans who are capable have working who want to work actually have jobs or are out there looking and that is down 2% from 2009. editor of fox n
away unless the president reaut rides it. jay carney said yesterday even though the economy shrank in the 4th quarter it is still showing signs of life. oo there was positive economic growth in 2012 and 2011 and, you know, we continue to believe as outside forecasters believe that unless actions by those in washington take us in a different direction we will see positive economic growth and job creation this year. >> kevin brady sees things a little differently. he says this is a quote, this president's recovery ranked near the bottom in mainstream job creation. we are 3 million jobs below the prerecession peak of january 2008 and 4.3 short of an economic recovery. >>> the white house blogged about the job's council last meeting over a year ago. the council offered president obama 35 specific recommendations that did not require legislative action that he took action on 33 of them and his administration had already implemented 16. there will be zero additional action from the jobs council unless the president reaut rideses it by the end of today. heather and ainsley. >> peter doocy
to turn around that state's economy. when it comes to the issue the health care, the governor is going head to head with the president. >>gretchen: brian met up with the governor down in baton rouge. what did you find out, brian? >>brian: it was ironic yesterday. governor jindal is talking about knocking taxes down to zero for the people in louisiana. watch. >> since i've been governor, for example, we've got 17,000 fewer government jobs, government positions. we've got now our state budget is 26% smaller. i made it absolutely clear we're not going to raise taxes, but look at what's happened. per capita income, our sri lanka hiren -- our rank is higher than 80 years. for five years in a row we've had more people move into the state rather than leave the state. >>brian: phil mickelson deserves credit by bringing this front and center. i'll paraphrase. i'm giving away 60% of my income. you are looking to do what california is not. that is knock their state tax down to zero. how do you make up that revenue if you want to join florida and texas? >> in louisiana, we've got the fourth-lowest
of things that will grow this economy, the sort of things that are investments in the future that help us grow economically right now. can't we do both, christie? >> i think we have to do both. i think it's certainly what john podesta and the center for american progress have argued for from the beginning, which is a balance add approach. and your point, joe, which is that there's a difference between investment and expense. and those of us who believe government has a critical role to play have to be for smart government. and i think that this election may be something of a turning point in that instead of arguing about whether there is a role for government and whether government is the problem, we now see whether it's around an issue like immigration or whether it's around the fiscal issues, the necessity of looking to government for leadership in terms of what will actually create a fair playing field, and that's about tax reform. that's about a balance between growth-oriented policies and appropriate spending cuts. >> joe? >> you know, there are things, jon meacham, that even conserv
always did that. but the whole damn economy was based on throwing parties. and now we've got a real economy with young people knowing that they have jobs. >> rose: and young people coming in because of the way of living and because the world is obviously as tom friedman said flat. so time and distance are shorter and all that. >> and why t li here. yesterday,onday morning i flew to new york. my plane was late because it was raining, and snowing on the ground at laguardia. i left, it was just a gorgeous day like this i was almost crying in my driveway as i got to the car to go to new york, because it was such a beautiful day here, why leave. >> rose: we continue this evening with the mayor of new orleans, mitch landrieu. >> it was a tragic moment in that building just outside of our window that had 13,000 american citizens in it. it had the roof peeling off of it. and it was just a bad time. and since that time the people of new orleans did mething that i think is pretty miraculous. they didn't accept the fact that the city was going to continue dying. in fact, katrina and rita didn'
's ailing economy. street violence there and political unrest engulfing egypt for more than a week. all of this coming a day after angry mobs hurled fire bombs at the presidential palace in cairo. egypt's foreign currency reserves have been cut in half now by more than since 2011 uprising that ousted the president, hosni mubarak and the value of currency has plummeted there. >>> big developments on the u.s. policy in iran. vice-president joe biden underscoring u.s. willingness to talk 1-on-1 with tehran over its nuclear program, but only if the regime is serious about coming to the table. >> there's still time. there's still space for diplomacy backed by pressure to succeed. the ball is in the government of iran's court and it's well past time forte ran to for tehran to adopt a good faith approach to negotiations. >> molly henneberg is live from washington. holly? >> reporter: hi gregg. it takes two to have bilateral talks, and vice-president biden said the u.s. is trying to get iran to the table if iranian leaders are quote, serious about discussions on that nation's controversial nucl
street comes amid disappointing economic news. the u.s. economy slowing signs of slowing down. the government says the economy sharply contracted in the fourth quarter of 2012 growing at only one tent of tenth. they say it is heading to greece on steroids. what is about this last quarter, steve, what caused the shrinkage. >> wall street is doing great, main street isn't doing so well. this new report suggests that this economy still has not really fully recovered from the financial crisis four years ago, in fact the thing that is really disturbing here, jon is the economy has been slowing down over the last six months or so. it's not gaining momentum as you would expect. and so the numbers are just very troubling. the biggest decline, by the way, was in defense spending. the private sector gdp was up a bit, not much about 1.5%. jon: a lot of people who constantly look to cut the defense budget, cut defense spending, chop out this program or that program, this is a cautionary tale. >> look i actually think cutting government spending is good for the economy because it frees up
at an all-time high. but, it may not mean a thing for our economy. i'm brooke baldwin. the news is now. >>> a prosecutor gunned down in a parking lot. and now a warning. >> i hope that the people that did this are watching. we're going to find you. we're going to pull you out of whatever hole you're in, and we're going to bring you back. >>> plus, live during this hour, you'll see hillary clinton say good-bye in her last moments as america's top diplomat. >>> and super bowl bets. will alicia keys get booed? will jay-z join his wife at halftime. in vegas, it is all up for grabs. >>> here we go. top of the hour. happy friday to you. i'm brooke baldwin. something is happening today that hasn't happened in more than five years. it is great news for a lot of you, of course, saving for retirement or to save a child for college, for example. the stock market is soaring to levels we really haven't seen since 2007 which is all the way back there. checking out the big board with me, it has been a huge day at this moment, two hours away from the closing bell. we are above that 14,000 mark at 14,0
of 2009, two wars an economy in free fall, traditional alliances fraying, diplomatic standing damaged and around the world, people questioning america's commitment to core values and our ability to maintain our global leadership. that was my inbox on day one as your secretary of state. >> quite an inbox. clinton went onto say since then, america's strengthened its standing. tomorrow, john kerry will be sworn in as clinton's successor of secretary of state. and we'll be right back. >>> welcome back to "hardball." it feels like we report news like this far too often, but today a student was shot in the head at an atlanta middle school and remains hospitalized. the suspect, a fellow student, has been apprehended. keep that in mind as you listen to the right wing voices resisting even common sense gun restrictions. they emptied their entire bag of tricks, everything from why have laws to citizens need military caliber guns because police budgets have been slashed, but one argument made by gayle trotter was slippery and misleading. one democratic senator called her bluff. here is the seque
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. your doctor will say get smart about your weight. i tried weight loss plans... but their shakes aren't always made for people with diabetes. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. and they have six grams of sugars. with fifteen grams of protein to help manage hunger... look who's getting smart about her weight. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. >> i just receive add note i misspoke about the president's position on containment which, obviously, we don't have a position on containment. to make sure, your correction is clear, you do have a position on containment, and that is that we do not favor containment. >>chris: defense secretary nominee chuck hagel struggling in the senate confirmation hearing, when asked of the united states policy on iran's nuclear program. time now for our sunday group, republican strategist,
to a news alert about some unexpected news about the economy. it shrank in the last three months of 2012 by 10 to 11% and that's not what economists thought would happen. they're blaming a drop in expense spending and more cuts in higher payroll cuts could effect the economy even more. >> where it is going to have an impact is likely on retail sales in january, february. those could come in a bit soft as people start to respond to the fact their income isn't as high as think thought it was going to be. >> it's not all bad news. forecasters believe the economy will grow by about 2% this year as housing and auto sales make comebacks and predict the chances of another recession right now are low. >>> the gun control debate took center stage on capitol hill today as the first senate hearing on gun violence took place since last month's shooting massacre in newtown, connecticut. the nra's chief executive wayne lapierre and former congresswoman gabrielle giffords were two that testified. giffords called on congress to act now. >> speaking is difficult, but i need to say something important. vi
more trucks, she says it's not a leap that the economy is chugging along. trucking, in fact, is up in recent months. joel naroff said, with the holidays behind us, look at shoppers leaving the malls. are they empty handed or still carrying several bags? and paint prices. it's more than just a fresh coat. it the writing on the wall. more demand for paint and its key ingredients send the prices up. all things to watch for and tonight, the walters say they'll be looking, as they look for more places to travel to. >> we can think about those places we'd like to travel that are still on our bucket list. >> reporter: there are many places still on their bucket list. and you heard the economists there say, while we're not there yet, that the foundation of this recovery is real. watch for those trucks on the interstate, watch for the paint prices. when they start to go up, there's real demand. people are painting the walls. >> okay, the big picture tonight from david muir. thank you, david. >>> and we want to bring you up to date on the eerie sight in china tonight. you know they're battli
.s. economy shrank unexpectedly during the fourth quarter of last year. it contracted by a 0.1% partly because of big cuts in defense spending and the impact of superstorm sandy. it's a decline since the recession started but economists see this as a one-time dip. for all of 2012 the economy expanded at more than 2%. >>> asian markets were mostly lower following some disappointing earnings. hong kong's hang seng lost half a percent while tokyo's nikkei bucked the trend adding a quarter percent to add to a 33-month high. worries about a slowdown with wall street after a month of gains. the dow fell 44 points to close at 13,910. the nasdaq also fell 11 points. >>> boeing posted fourth quarter profits yesterday that beat wall street's estimates. the company says it's standing by the batteries it uses for its grounded fleet of dreamliners and has reportedly already replaced more than 100 batteries. boeing also said it will speed up the production of the 787. >>> and good news for twinkie lovers. the golden sponge cake is about to make a comeback. hostess has reportedl
Search Results 0 to 49 of about 108 (some duplicates have been removed)